Setting Priorities

I touched on setting priorities in my post about My ideal time management system, but here is a separate review of this topic.

Julie Morgenstern’s Return on Investment:

  • Deadlines
  • Estimated time
  • Steps to results

Alan Lakein’s ABC Method:

  • A-important tasks that contribute to goals MUST do
  • B-moderately important SHOULD do
  • C-least important COULD do

Stephen R Covey’s time management matrix:

  • Quadrent I-important and urgent
  • Quadrent II-important but not urgent
  • Quadrent III-urgent but not important
  • Quadrent IV-not urgent and not important

Increase Quadrent II activities, decrease Quadrent III and IV activities, and manage Quadrent I activities.

Time Management Tools has an article by Brian Tracy on Setting Priorities and couple more by him on other topics.
Always ask: “What is the best use of my time right now?”

Update

Luciano’s comment was a good reminder about the idea of time boxing. Dave Cheong has a good explanation of time boxing. David Seah’s tools are all about keeping on task too. Using a timer increases awareness of time passing by and focuses attention on high priority tasks.

I was also reminded of the good ole 80/20 rule. Jim Temme in the book “Productivity Power” says that we spend about 80 percent of our day working on job description activities (what I think of as repeating tasks) that yield only 20 percent results. The challenge is to use the remaining 20 percent of discretionary time on goal-related activities that yield 80 percent results.

2 Responses to “Setting Priorities”

  1. Luciano Passuello Says:

    Nice wrap-up of prioritization techniques. I tried most of them and my favorite one is the 50-30-20 rule, described by Steve Pavlina in http://www.stevepavlina.com/blog/2005/12/the-50-30-20-rule/.

    Best Regards.

  2. sw4spi Says:

    For time management and success I haven’t found a better book than “Eat That Frog”, by Brian Tracy. It is compact, lightweight, practical.

    Great tips and it helps you to refocus. Thanks for the tips. Keep them coming. - Scott at moneyminset.blogspot.com

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